TDS Deduction on Interest paid to Companies
This query is : Resolved
CA Neha Jain
(Querist)
17 April 2010
What is the Rate of TDS deduction in case of Interest paid to Indian Company u/s 194A for the A. Y. 2010-11? It is 10% or 20%?
17 April 2010
IT IS 10% W.E.F. 01.10.2009
UPTO 30.09.2009 ITS 20%+SURCHARGES & CESS AS APPICABLE
UPTO 30.09.2009 ITS 20%+SURCHARGES & CESS AS APPICABLE
CA Ashok Kumar Sahu
(Expert)
17 April 2010
its 10% from 1/4/2009
17 April 2010
ASHOK JI PLEASE CHECK THE RATE IS 10% FROM 01.10.09. EARLIER IT WAS 20%+SC+CESS AS APPLICABLE.
kartik_somu
(Expert)
18 April 2010
agree
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